Abstract

In India, there are two leading commodity exchanges: MCX (Multi-Commodity Exchange), NCDEX (National Commodity & Derivatives Exchange). In 2006, MCX & NCDEX had a market share of 62% & 38%, respectively. However, by 2009, MCX has established its leadership by steadily increasing its market share to 91% leaving behind NCDEX with only 9% market share. Amongst other reasons, the aggressive expansion of trading product range by MCX could be the key for such successful show setting very highperformance benchmarks.Similarly, there are two leading equity exchange: BSE (Bombay Stock Exchange), NSE (National Stock Exchange). In 2006, in the Cash segment, NSE & BSE had a market share of 66% & 34%, respectively. However, by 2009, NSE has steadily increased its share to 74% leaving BSE with 26% share only.Similarly, interesting trends are emerging in the Indian Cash and Derivative segment trading volumes as well.

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